A manufacturer makes a product for $6 and adds a 25% profit on selling price. They...
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A manufacturer makes a product for $6 and adds a 25% profit on selling price. They sell to a wholesaler who sells it for 50% markup based on manufacturer selling price. The retailer marks it up by 25% on consumer purchase price and sells the product to the consumer. What is the total $ markup in going from manufacturer's cost to consumer purchase price. i.e., the $ difference between the two? $8 $6. $10 $5 $2 A manufacturer makes a product for $6 and adds a 25% profit on selling price. They sell to a wholesaler who sells it for 50% markup based on manufacturer selling price. The retailer marks it up by 25% on consumer purchase price and sells the product to the consumer. What is the total $ markup in going from manufacturer's cost to consumer purchase price. i.e., the $ difference between the two? $8 $6. $10 $5 $2
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Answer 10 Calculations Manufacturers Cost 6 Add Profit 6 x 13 2 Wholesale... View the full answer
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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